Showing 1 - 10 of 158
This paper compares the effects of two leadership styles: leading by pre-game communication and leading by example using an iterated voluntary contribution game. We find that pre-game communication increases the level of individual contributions in the game and has essentially the same impact on...
Persistent link: https://www.econbiz.de/10014215365
We compare a partners condition where the same small group of subjects plays arepeated public good game to astrangers condition where subjects play this game in changing group formations.Subjects in the partners conditioncontribute from the first period on significantly more to the public good...
Persistent link: https://www.econbiz.de/10011303327
We present an experiment on voluntary contributions to a public good. The game has a dominant strategy solution in the … interior of the strategy space. In the experiment we observe significant over-contribution. This result is similar to those of … the typical corner solution experiments. -- experimental economics ; public goods …
Persistent link: https://www.econbiz.de/10009693162
We investigate the formation of market prices in a new experimental setting involving multi-period call-auction asset markets with state-dependent fundamentals. We are particularly interested in two informational aspects: (1) the role of traders who are informed about the true state and/or (2)...
Persistent link: https://www.econbiz.de/10010353591
experimentally the theoretical predictions of their work. The evidence from these experiments lends strong support to their theory …
Persistent link: https://www.econbiz.de/10010374866
In a public-good experiment with heterogeneous endowments, we investigate if and how the contribution level as well as …
Persistent link: https://www.econbiz.de/10010457130
We investigate the formation of market prices in a new experimental setting involving multi-period call-auction asset markets with state-dependent fundamentals. We are particularly interested in two informational aspects: (1) the role of traders who are informed about the true state and/or (2)...
Persistent link: https://www.econbiz.de/10010429127
We investigate the formation of market prices in a new experimental setting involving multi-period asset markets with state-dependent fundamentals. We are particularly interested in two informational aspects: (1) the role of traders who are informed about the true state and (2) the provision of...
Persistent link: https://www.econbiz.de/10010483895
We compare voluntary contributions to the financing of a public good in a symmetric setting to those in asymmetric settings, in which four players have different, randomly allocated endowments. We observe that a weak asymmetry in the endowment distribution leads to the same contribution level as...
Persistent link: https://www.econbiz.de/10010410644
experimentally the theoretical predictions of their work. The evidence from these experiments lends strong support to their theory …
Persistent link: https://www.econbiz.de/10012732856